Cryptocurrency kaleidoscope of 2021 | Part 2 | Bitcoin CasH Academy
This is a follow-up article from yesterday about the events that I summarized during this year.
Cryptocurrency kaleidoscope of 2021 | Part 1 | BCH Academy
Still In June 2021
No one hates the dollar, because it is the official currency as we know it. However, there is no prohibition against using cryptocurrencies in person-to-person exchanges or legitimate transactions. On the other hand, the central bank that regulates the dollar does not favor small countries whose exchange rate is between the country's currency and the dollar.
If we look at the other side, I mean we are in the position of other countries, we will think about improving the country's economy in any way and how we keep up with the times. Therefore, El Salvador is proof that the future of the currency will soon be declared the legal currency for all countries. As a first step, Panama and Paraguai followed El Salvador's lead for a bill on cryptocurrencies used as assets for investments and transactions as well as regulations on taxes on cryptocurrencies.
Meanwhile in Indonesia, the government is reviewing the determination of income tax for cryptocurrencies such as the tax imposed on securities. Also during this period, Indonesia, the United States Department of Justice and The Financial Conduct Authority of the United Kingdom banned the trading platform of crypto assets on behalf of Binance for various reasons including unauthorized activity, allegations of being a place for money laundering crimes, and ultimately we must use a VPN. to open the binance platform and such.
July 2021
China as one of the super power countries attacks crypto miners and makes issues about environmental issues and so on that make people doubt about investing in crypto. However, at a time when attacks from people who don't like crypto are starting to worry, at the same time crypto partners are getting more and more like the collaboration between crypto.com and the super-fast car race that is Formula 1.
To keep up with crypto haters, Elon Musk who The owner of the house used as the avenger house is constantly tweeting about bitcoin and dogecoin. Furthermore, Jack Dorsey, CEO of Twitter and Square and also judge of the Shark Tank program and Dallas Mavericks owner Mark Cuban, as well as the Winklevoss Twins who are famous for the film The Social Network, and also Mike Tyson make crypto better than all the negative accusations made by people who reject crypto.
August 2021
When Cristiano Ronaldo returned to Manchester United, at the same time Lionel Messi left Barcelona in tears for PSG. CR7 moved from Spain to Juventus in Italy and then CR7 returned to England while Messi moved from Spain to France. Previously, CR7 already had a fan token from Juve which was a token created for fans from Juventus. Messi received the same token from PSG namely $PSG Fan Tokens. Actually, during this period there were also many football clubs that created fan tokens such as Inter Milan, AC Milan, Rome, Lazio, Santos, and many others.
September 2021
After Facebook, Twitter is a popular social media that uses NFT and the concept of crypto to enter into their system. It's a bit strange, even though the country's policies or state leaders are like banning crypto, but almost all countries that prohibit crypto are countries with crypto users, builders, artists or miners. If there are restrictions, then opportunities will arise. Even though the dogs barked, the merchants continued to invest and trade.
October 2021
Elon Musk declared war on the Shiba Army after publicly presenting his portfolio that his crypto wallet only stores BTC, ETH and Doge. This makes Dogecoin Foundarion appoint a partner from Elon Msuk as an advisory board which means there is a strong relationship between Elon Musk and Doge. You already know that the advisory board appointment is proof of Elon Musk's investment in Dogecoin.
Even so, Shiba Army still liven up Twitter and made the community more famous than other support communities. I don't think it will take long, because the writers at readcash will make the BTC and other coin communities restless. We will wait for the community of BCH to dominate all social media and move its users from the old media to readcash and noisecash.
November 2021
November is the month of war between Changpeng Zao who is the CEO of Binance and Elon Musk who is a supporter of Dogecoin. The tweet war between CZ and Elon Musk started from an unfinished technical problem. As usual, updates occur after problems arise. That was the beginning of the trouble between Docecoin and Binance, however, the virtual dialogue between ZC and Elon opened up the question of the connection between wallets in crypto.
Another result is the heated debate between Doge Supporters and the Shiba Army and continues to compete on social media. Then, Binance who had problems with the main office had to solve those problems. In the meantime, Binance is considering Ireland as its headquarters. Are there no other locations? They should have chosen Southeast Asia like the Philippines or Indonesia, maybe hehehehe. Oh yes, currently 60% of video game developers are already using blockchain which makes game users prefer crypto because there are benefits from playing games.
December 2021
The Republic of Palau is following in the footsteps of El Salvador, Panama and Paraguai in efforts to legalize crypto as a legal currency for investments and transactions. In addition, Binance has the support of Bahrain and Canada to survive attacks from India, China, Singapore, Britain, and America. BumiLangit Universe is another form of Avenger Universi but from an Indonesian point of view, it has published and sold NFT on the OpenSea marketplace.
From the NBA, Golden State Warriors point guard Stephen Curry released “2974 Collection” in the NFT collection which proves that anyone can create their own work, Of course the '2974 Collection' is Curry's tribute to himself who has scored 2974 three-pointers during his career in the NBA. To prove the advantages of crypto trading and all types of investment from blockchain technology, we can read the release of a CNBC survey that there are 83% of millennial millionaires who already own crypto and 40% of that number have the desire to buy more crypto by 2022, whether it is including yourself.
If you have free time, you can read the previous article:
Article #175 written and published on December 29, 2021
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